Press Release

Medtronic to Announce Financial Results for Its Fourth Quarter and Fiscal Year 2012

MINNEAPOLIS – May 10, 2012 – Medtronic, Inc. (NYSE: MDT) announced today it will report financial results for the fourth quarter and fiscal year 2012 on Tuesday, May 22, 2012. A news release will be issued at approximately 6:15 a.m. Central Time and will be available at www.medtronic.com/newsroom. The earnings news release will include summary financial information for Medtronic’s fourth quarter and fiscal year 2012, which ended April 27, 2012.

Medtronic will host a webcast at 7 a.m. Central Time to discuss financial results for its fourth quarter and fiscal year 2012. The webcast can be accessed by clicking on the Investors link through the Medtronic website at www.medtronic.com on May 22, 2012.

Within 24 hours of the webcast, a replay, podcast, and transcript of the prepared remarks will be available under the Events and Presentations page in the Investors section of the Medtronic website.

About MedtronicMedtronic, Inc. (www.medtronic.com), headquartered in Minneapolis, is the world’s leading medical technology company -- alleviating pain, restoring health, and extending life for people with chronic disease.